LIMA, Peru--(BUSINESS WIRE)--Cementos Pacasmayo S.A.A. (NYSE: CPAC; BVL: CPACASC1) (“Cementos
Pacasmayo” or “the Company”) announced the closing of a private offering
on February 8, 2013 of US$300 million in Senior Notes (“The Notes”) due
in 2023. The Notes have a coupon of 4.50% and were offered inside the
United States to qualified institutional buyers based on Rule 144A under
the Securities Act, and to persons outside the United States based on
Regulation S under the Securities Act. This offering was oversubscribed
by more than 8 times. The Bonds were rated “BBB-“ by Fitch Ratings and
“BB+” by Standard & Poor’s.

Net proceeds from the offering will be used to prepay existing debt and
for capital expenditures incurred in connection with its cement business.

Mr. Humberto Nadal, the Company´s CEO said: “We are very pleased with
the outcome of this transaction. It demonstrates the Company´s ability
to access diversified funding sources to meet expected growth in the
coming years.”

This press release does not constitute an offer to sell or the
solicitation of an offer to buy any security and

shall not constitute an offer, solicitation or sale in any
jurisdiction in which such offering would be unlawful.

About Cementos Pacasmayo S.A.A.

Cementos Pacasmayo S.A.A. is a leading Peruvian cement company, and the
only cement manufacturer in the Northern region of Peru. In February
2012, the Company’s shares were listed on The New York Stock Exchange -
Euronext under the ticker symbol "CPAC". With more than 54 years of
operating history, the Company produces, distributes and sells cement
and cement-related materials, such as concrete blocks and ready-mix
concrete. Cementos Pacasmayo’s products are primarily used in
construction, which has been one of the fastest-growing segments of the
Peruvian economy in recent years. The Company also produces and sells
quicklime for use in mining operations.

Note on Forward-Looking Statements

This press release may contain forward-looking statements.These
statements are statements that are not historical facts, and are based
on management’s current view and estimates of future economic
circumstances, industry conditions, Company performance and financial
results. Also, certain reclassifications have been made to make figures
comparable for the periods. The words “anticipates”, “believes”,
“estimates”, “expects”, “plans” and similar expressions, as they relate
to the Company, are intended to identify forward-looking statements.Statements
regarding the declaration or payment of dividends, the implementation of
principal operating and financing strategies and capital expenditure
plans, the direction of future operations and the factors or trends
affecting financial condition, liquidity or results of operations are
examples of forward-looking statements.Such statements reflect
the current views of management and are subject to a number of risks and
uncertainties.There is no guarantee that the expected events,
trends or results will actually occur.The statements are based
on many assumptions and factors, including general economic and market
conditions, industry conditions, and operating factors.Any
changes in such assumptions or factors could cause actual results to
differ materially from current expectations.